Eric Revell

Articles by Eric Revell

Feds warn banks on lending to unauthorized workers - Fox Business

Business July 14, 2026

The Trump administration on Monday released guidance from several financial regulators reminding banks and credit unions about the credit risks posed by lending to borrowers who aren't authorized to οΏ½...

Volkswagen CEO says automaker weighing 50,000 additional job cuts - Fox Business

Business July 14, 2026

Volkswagen's leadership is warning that the company may need to cut an extra 50,000 jobs to stay competitive with auto industry rivals, according to an internal memo sent to staff. The German automaοΏ½...

National debt interest and entitlement spending push FY2026 federal budget deficit toward $2 trillion - Fox Business

Business July 11, 2026

This year's federal budget deficit is now outpacing last year's as federal spending is growing at a faster rate than tax revenue, pushing the annual shortfall closer to $2 trillion. The nonpartisan οΏ½...

Ryanair passenger partially sucked out of broken window after takeoff from Greece - Fox Business

Business July 11, 2026

A passenger on a Ryanair flight was reportedly nearly sucked out of a broken window in midair on Friday morning. The incident occurred on Flight 1879 from Thessaloniki, Greece, to Memmingen, GermanyοΏ½...

Some Bay Area homes are selling $1M above asking amid AI boom - Fox Business

Business July 10, 2026

The artificial intelligence (AI) boom is causing a fierce bidding war for some luxury homes in the San Francisco Bay Area, with dozens of homes selling more than $1 million above asking price last moοΏ½...

Oregon data centers face sharp electricity rate hike under new law - Fox Business

Business July 9, 2026

The state of Oregon's utility regulator is implementing a new rule starting Wednesday that will raise the electricity bills of data centers and other large energy users to allow lower rates for otherοΏ½...

Fed policymakers' inflation worries weighed on rate cut outlook at Warsh's first meeting - Fox Business

Business July 9, 2026

Federal Reserve policymakers are increasingly concerned about inflation, and the uncertainty about the direction it may take was reflected in the minutes of the Fed's latest monetary policy meeting rοΏ½...

Trump admin maps out sweeping rollback of regulations in push to save $1.5T - Fox Business

Business July 7, 2026

The Trump administration on Friday laid out a sweeping deregulatory plan to eliminate over 700 rules across federal agencies. The Office of Information and Regulatory Affairs (OIRA) released its 202οΏ½...

Trump rings NYSE, Nasdaq opening bells from White House to celebrate launch of Trump Accounts - Fox Business

Business July 7, 2026

President Donald Trump on Monday celebrated the launch of Trump Accounts by ringing the opening bells of the New York Stock Exchange and Nasdaq from the White House. Trump Accounts were created by tοΏ½...

10 reasons to be bullish on America's economy as the nation turns 250 years old - Fox Business

Business July 5, 2026

This Fourth of July marks the 250th anniversary of the founding of the U.S., and while Americans around the country are celebrating the occasion, it also serves as an opportunity to reflect on what hοΏ½...